LOA Protocol, together with C2C and P2P platform based on blockchain technology, forms units that provide financing services to allow the use of cryptocurrencies. It enables the investments and loans secured by cryptocurrencies to be made faster and more secure with the connections established with the real world economy on the platform.
The platform, established by LOA is defined as ‘LOA Ecosystem (LOA-Pure)’, enables offline investments and credit products to enter global markets through a single comprehensive linkage system. It follows a three-step for the system to remain stable. First, it enables the transition of the offline investment markets to the online space. Following, it contacts online systems to provide investment services on a crypto-currencies base. Finally, it allows entry into global markets. Thus, LOA creates value by linking existing digital assets with the market.
Token Name: LOAToken Type: ETH (ERC-20)Total Supply: 2,000,000,000Overall Soft Cap: $2,500,000Overall Hard Cap: $8,000,000
🔶 LOA Protocol is currently carrying out the main sale. Users, who would like to participate in the LOA Protocol Main sale may visit the here for more information.
🔶 The details of the Main sales are as follows:
Token Name: LOAMain sale Round 1 Date: 08.08.2019 – 19.08.2019Main sale Round 1 Price: 1 LOA = $0.022 (70 million LOA)Main sale Round 2 Price: 1 LOA = $0.026 (80 million LOA)Main sale Round 3 Price: 1 LOA = $0.03 (100 million LOA)
An ecosystem for bona fide LENDERS which allows people or companies to borrow money using their Digital Assets as collateral. A gap exists between traditional fiat lending and digital asset-based lending. The divide is marked by safe, long-standing, regulated lending practices on the one side, and highly specialized engineers with big ideas on the other. Our open-source, lending management protocols and vast traditional fiat lending experience bridges this gap. Our protocols expand traditional lenders’ existing product lines, optimizes its origination processes and automates servicing capabilities. Built on the blockchain, our system is mostly trustless with the exception of certain assessment protocols and fund transfer activity.
Foxytrade is the international fiat platform for P2P loans based on blockchain. Foxytrade is a multi-currency platform that supports everything from fiat currencies to the latest crypto currencies. It allows you to send money in an encrypted format and secure it with state-of-the art security measures. It is a P2P exchange platform that brings together creditors and borrowers: loans are issued in the fiat currency of the country where the borrower resides. This allows the currency to be exchanged through the FXTR token if the creditor and the borrower are from different countries. Loan terms are dictated by the market. Loans will be legally enforceable and all relevant documents will be generated in the jurisdiction of the borrower’s country. Banks take a pawnshop attitude toward SMEs, i.e. loans are given only if there is a bail that exceeds the body of a loan. The number of bails is strictly limited: in general, real estate or securities are accepted at the exchanges. Therefore, SMEs are willing to take loans in accordance with the rates higher than the bank ones instead of the possibility of receiving money. In the Russian the lending market, SMEs are claiming annual rates at about 19%, but give 90% of the loans to large companies only. As a result, annual rates of 20-35% have emerged in the P2P lending market, and there is an excess of unmet demand by the investors and borrowers.